Address
2880 N State Rd, Luther, MI
Price
$ 1,190,000
Property Attributes
  • MLS#23003758
  • TypeSingle Family
  • CountyLAKE
  • CityLuther
  • AreaEllsworth Twp
  • NeighborhoodEllsworth Twp
  • Zip49656
  • StyleFarm House
  • Year Built1950
  • Taxes$ 6768
  • Price$ 1,190,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1500
  • Lot Size228 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description

A truly rare find. 230 acres of stunning ground located just west of HWY 131 in Lake County, this parcel must be seen to be appreciated! A uniquely diverse property that begins with thick apple orchards, changes into vast hay fields and cattle pasture, into lofted views from several rolling peaks on the property, incredible building sites with views of miles around. Artesian water flows into freshwater springs originating on the property, and combined with thick forest on the SE side, all manner of wildlife will never have a reason to leave this parcel. Several enormous and well constructed steel buildings service the property, and could easily house equipment, livestock, or a business. The modest older farm home could be brought back to life and serve you well! Located on the doorstep of thousands of acres of state forest, and countless miles of ORV trails lakes and rivers, the size and setting makes you feel like you could be in Michigan's upper peninsula. A property so rich with detail and potential is a true must-see. Current leasing incomes more than cover all property expenses, and a thriving bee/honey farm provides all the honey your could want! Nearby power superstation makes solar or wind farm potential a reality. The owner has taken pride and care of the property for many years, and is ready to turn this legacy estate over to its next owner. Call for more about the established income opportunities on this parcel, or to set up your personal tour.

Price History
2/7/2024 Listed $1,190,000

General Features

Sewer Septic System
Heating Propane,Radiant,Forced Air
Utilities Phone Available,Electric Available
Possession Close Plus 30 Days
Garage Spaces 5.0
Architectural Style Farm House
Construction Materials Wood Siding,Stone,Block
Year Built 1950
Stories 1
Property SubType Single Family Residence
Tax Year 2022
County Lake
New Construction No
Property Type Residential
Garage Y/N Yes
Total Rooms 6
Status Active
Directions 131 North to Exit 162,West onto 14 Mile/Old M-63,follow until you reach the Luther Village,turn left (South) onto Old State Rd. to property on the East side of the Rd.
City Luther
High School District Pine River
MLS Area West Central - W
Lot Size Square Feet 9931680.0
Waterfront Y/N No
Carport Y/N No
Street Name State Rd
Land Lease Y/N No
Tax Annual Amount 6768.0
Home Warranty Y/N No
Lease Renewal Y/N No
MLS Area Minor West Central - W
Additional Parcels Y/N No
Rent Control Y/N No
Virtual Tour https://knightwingmedia.aryeo.com/sites/ymqgqoq/unbranded
Days on Market 430
Standard Status Active
Occupancy Description Owner
Tax Assessed Value 184900
MobileHomeRemainsYN No
Legal Description EL 19 5,6 N FR 1/2 NW FR 1/4 & S FR 1/2 NW FR 1/4 & N FR 1/2 SW FR 1/4. EXC PT N FR1/2 NW FR1/4 BEG 416' S OF NW COR OF SAID SEC TH E 250',S 170',W 250',N 170' TO POB. SEC 19 T19N R11W. 228.88 A M/L.
Senior Community None

Interior Features

Basement Michigan Basement
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N No
Full Baths 2
Total Bedrooms 3
Below Grade Finished Area 0.0
Electric On Property Y/N No
Main Level Bedrooms 3
Total Baths 2

Exterior Features

Lot Features Level,Recreational,Tillable,Wooded
Water Source Well
Lot Size Area 228.0
Spa No
Building Area Total 1500.0
Lot Dimensions 2878x2504
Lot Size Acres 228.0
Road Surface Type Unimproved
Lot Size Units Acres
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 49656

Price
AVG $440K
$1.19M
Taxes
AVG $2,706
$6,768
Visits
AVG 213
133
Data Provided by Inside Real Estate®
Year Built
AVG 1976
1950